The Indian startup ecosystem is showing signs of revival and artificial intelligence (AI) is at the core of it. Nishit Garg from Asia Partner of RTP Global lately said that AI is playing an important role in enabling startups to innovate and create new opportunities.

Global venture capital firm RTP Global is optimistic about investing in Indian tech-driven startups. Garg further mentioned that AI-powered businesses are highly promising and specially in areas like climate technology and EVs.

The funding environment for Indian startups has been tough in recent years, but signs of recovery are lately being witnessed. The market is gradually improving amid challenges like global economic uncertainties. Startups using AI are to create impact are they are already gaining the attention of investors.

The role of AI goes beyond just enhancing processes. It is enabling startups to tackle complex problems and helping in optimizing resources. It is supporting advancements in battery technology and vehicle design in the EV space. It is enhancing productivity and creating smarter tools for businesses in the SaaS segment.

Garg holds years of experiences in companies like Flipkart and Tiger Global. He emphasized the focus of RTP Global on startups that align with global trends and are equipped with a clear path to growth. Such businesses innovate and also show adaptability in the changing markets.

The renewed interest of investors is now being considered as a signal towards a brighter future of startups in India. AI is becoming an essential tool for their progress and they are to lead the path of innovation with the help of advanced technologies.